AI & RoboticsNews

The AI layoff wave is becoming a powder keg

June 16, 2026
The trend appears to be accelerating. Tech layoffs hit their highest single month in two years last month, with nearly 40,000 cuts, and AI was the most-cited reason for layoffs across every industry for the third month running, according to outplacement firm Challenger, Gray & Christmas. There’s growing skepticism that AI is really the culprit, though – that it’s more of a convenient cover…
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AI & RoboticsNews

SpaceX IPO: Live updates on everything you need to know

June 15, 2026
SpaceX has captured the attention of media, investors, and the public for years now – interest propelled by the company’s reusable rocket launches, the rise of its Starlink satellite network, and of course, for its founder and CEO Elon Musk. But in its 24-year history…
AI & RoboticsNews

Chinese cybercrime operation that used AI to scam ‘hundreds of thousands of victims’ sued by Google

June 15, 2026
Google is suing to dismantle the infrastructure behind an alleged massive AI-powered cybercrime operation. On Friday, the tech giant announced a lawsuit against an alleged Chinese cybercrime network called Outsider Enterprise, which Google says uses AI in its campaigns to send scam text messages impersonating Google and other brands to steal passwords and credit card numbers. Outsider Enterprise…
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AI & RoboticsNews

Opendoor’s India exit is fueling a bigger conversation about AI and outsourcing

June 12, 2026
Opendoor, the San Francisco-based online home-buying platform, is shutting down its India operations less than two years after expanding its presence in the country. The decision has become a flashpoint in the debate over whether AI is starting to alter the economics of offshore work. In announcing the decision on Wednesday, CEO Kaz Nejatian cited a push to bring operational work back to the U.S.
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AI & RoboticsNews

Meta signs first AI data center deal in India with Reliance

June 11, 2026
As tech companies race to secure the computing power needed to train and deploy AI systems, Meta is making its first AI infrastructure bet in India, striking a data center partnership with conglomerate Reliance Industries in a market that is rapidly emerging as a hub for AI infrastructure. The partnership, announced on Wednesday, will see Meta collaborate with Reliance on a 168-megawatt AI-enabled…
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